FTDL (FirsTime Design) Accumulated Depreciation: $-0.27 Mil (As of Dec. 2012)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is FirsTime Design Accumulated Depreciation?

FirsTime Design FTDL Accumulated Depreciation is $-0.27 Mil as of Dec. 2012.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

FirsTime Design's quarterly accumulated depreciation stayed the same from Jun. 2012 ($0.00 Mil) to Sep. 2012 ($0.00 Mil) but then increased from Sep. 2012 ($0.00 Mil) to Dec. 2012 ($-0.27 Mil).

FirsTime Design's annual accumulated depreciation declined from Dec. 2010 ($-0.30 Mil) to Dec. 2011 ($-0.25 Mil) but then increased from Dec. 2011 ($-0.25 Mil) to Dec. 2012 ($-0.27 Mil).

FirsTime Design Accumulated Depreciation Related Terms

FirsTime Design Accumulated Depreciation Historical Data

* Premium members only.

The historical data trend for FirsTime Design's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FirsTime Design Accumulated Depreciation Chart

FirsTime Design Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.88 -3.91 -0.30 -0.25 -0.27

FirsTime Design Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 0.00 0.00 0.00 -0.27

FirsTime Design Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-0.27 Mil mean?
FirsTime Design (FTDL) has a Accumulated Depreciation of $-0.27 Mil as of Dec. 2012. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on FirsTime Design and its competitors.
Is FirsTime Design's Accumulated Depreciation too high?
FirsTime Design's current Accumulated Depreciation is $-0.27 Mil.
How does FirsTime Design's Accumulated Depreciation compare to EFOI?
FirsTime Design's Accumulated Depreciation of $-0.27 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Furnishings, Fixtures & Appliances company?
A good Accumulated Depreciation depends on the Furnishings, Fixtures & Appliances industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on FirsTime Design and its competitors. FirsTime Design's current Accumulated Depreciation is $-0.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirsTime Design stock overvalued right now?
FirsTime Design (FTDL) has a current Accumulated Depreciation of $-0.27 Mil. The current Accumulated Depreciation is $-0.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For FirsTime Design (FTDL), the current Accumulated Depreciation is $-0.27 Mil as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FirsTime Design Business Description

Address W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072
FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.